Frightening transfer of 1.2 trillion tokens from the meme coin whale
In PEPE, one of the rare coins that rose with Bitcoin this year, a whale’s massive transfer attracted attention. The whale sent 1.2 trillion tokens to Binance.
In PEPE, one of the rare coins that rose with Bitcoin this year, a whale’s massive transfer attracted attention. The whale sent 1.2 trillion tokens to Binance.
Bitcoin, which fell to $65,590 on Friday evening, bounced back. While the decline seen with the Tether news was short-lived, Trump’s lead in polls and betting sites seems to be the biggest supporter of the Bitcoin price.
Cryptocurrency funds closed last week with a net investment of $900 million. Bitcoin was again the fund with the most investment, while Ether had outflows. Solana saw the second-largest net inflow of the year, while this year’s total net investment almost tripled that of all of 2021.
Willy Woo, who is generally known for his Bitcoin comments and analyses, expressed his views on altcoins this time. Woo stated that altcoins are generally not long-term investments and that the “casino” always wins in the end, and wrote that he does not think that the old big gains will be experienced again.
Celestia (TIA), which broke a historical record by rising to $20 at the beginning of the year, continues its large token openings. The project will include nearly $1 billion worth of tokens in circulation on Wednesday.
‘Neiro on ETH’, one of the most talked about meme coins of the last period, is on the rise again. The purchases made by two whales last night seem to have been effective in an increase of close to 50% in the meme coin.
Tether CEO Paolo Ardoino announced at the Plan B event in Lugano, Switzerland, that the company has 48 tonnes of gold and 82,000 Bitcoin in its reserves. Ardoino also responded to the comments made on the subject yesterday on X and said that they additionally held $100 million in US bonds.
BitMEX analysts have published an analysis of MicroStrategy, a company whose stock price broke a 25-year record yesterday. The analysts claimed that with its current debt structure, the company wouldn’t have to sell its BTC holdings. However, the report said, “Cryptocurrencies are volatile and anything can happen at any time.”
The parliamentary meeting, which is eagerly awaited by the financial markets and where important decisions on China’s monetary easing policies may be taken, will be held between November 4-8. Investors were especially curious about the possible monetary expansion period, the details of which have not been announced recently.
ETFs, which have made net purchases of $21 billion since January 10, have broken the demand record of the last 30 days. There were 64,962 BTC inflows to ETFs in 1 month.